I had this same problem a ticking coming from the drivers side of the motor. I had it checked out last year when i was in california on a buisness trip and they couldnt find any problem. for the next year It came and went I assumed it was maybe the fuel injectors or the lifters. Late this fall I went to go home from work and my car started missing and was making a horrible knocking sound. as I drove it home the knocking when away I stoped and Twilght Zone to have the Code check and it was missing on the #4 Cylinder. when I got home I did a compression check and found 115 175 180 and 0 on cylinders 1,2,3,4. I pulled the head off and found The screws holding the VISC butterfly valves on 1 and 4 had backed out and the butterfly had made its way down the intake port and was lodged between the head and the valve holding the valve open. I sent my head off to get machined since the valve had gouged the valve seat. Wile I had it apart I removed the VTCS valves. got it all back together and runs great now except for now im using a s*** load of oil, I just replaced the PCV valve hopefully that will help it some. when it gets warmer I will look more into that.
Good luck hopefully my mishaps can help you avoid a costly fix, mine was about $1000, I also changed the timing belt, and water pump wile i had it apart.